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ITI Capital appoints Leonardo Brummas Carvalho as new CEO of Wealth Management
ITI Capital appoints Leonardo Brummas Carvalho as new CEO of Wealth Management
20 April 2020
ITI Capital: Global market analysis and future trends and investment ideas
04 June 2020
The market has almost fully recovered over two months, while back in 2008 it took five years to get back to the level it was before the slump
MTS: defensive stock with healthy dividends
28 May 2020
MTS 1Q20 IFRS revenue was above consensus
Bank of Russia pulls out liquidity bazooka to support interbank market
25 May 2020
The CBR has reiterated its commitment to further monetary policy easing
Best-performing defensive stocks on U.S. equity market
15 May 2020
Our portfolio of U.S. countercyclical stocks (healthcare and biopharma) since January 30 is up by 129.31% in U.S. dollars, while S&P 500 is down by 10.42%
MSCI global equity rebalancing: Erase and Rewind
15 May 2020
On May 12, MSCI announced the results of the May 2020 Semi-Annual Index Review for the MSCI Equity Indices, all changes will be implemented as of the close of May 29, 2020
ITI Capital: Suspension of dividends in response to crisis (Global markets + Russia)
13 May 2020
Companies all over the world cut or cancel dividend payouts, especially financial (banks and insurance agencies) and state-owned companies in line with recommendations from governments and central banks
OFZ: Safe haven 2020
30 April 2020
OFZ has become the first Russian asset to return to pre-crisis levels due to CBR’s new dovish policy, which triggered both demand from local players and an inflow of non-residents in spite of the oil rout
Russia: CB cut the rate by 50 bps, making official shift to dovish monetary policy
28 April 2020
The CBR has cut the rate by 50 bps, to 5.5% (the lowest level since before 2014 sanctions) and will continue further easing, officially shifting from neutral to dovish policy despite the risks of an inflation pick-up this year due to the rouble weakness
Transneft’s free-float increased: when the new indicator be reflected in the index review?
24 April 2020
The Moscow Stock Exchange has upgraded the free float factor of Transneft preferred shares to 37%. This decision was made on April 16, 2020 following the Moscow Exchange Index Committee meeting
ITI Capital: Bank of Russia may deliver a 25-bps rate cut
23 April 2020
Nabiullina's tone has not changed and remains dovish. Essentially, size of the cut - 50 or 25 bps - at the 24 April meeting is the only thing that is left unknown. Therefore, the OFZ market welcomed the soft tone and extended gains